Private equity fundraising in the United States has generally happened behind closed doors. But that could change now US President Barack Obama has signed the Jumpstart Our Business Startups Act, which passed into law on 5 April.
The bill, which is intended to ease bureaucratic restrictions for companies seeking access to public or private capital, makes some significant changes to fundraising regulations.
More sound and fury
The new US JOBS Act could make it easier for GPs to attract new investors – or it could change very little. Sam Sutton reports